3 Ideas for Investing in Tech Stocks Amid Trade War Volatility

MU PAYC

  • (0:20) - Approaching The Recent Selloff
  • (3:00) - Focusing On Earnings
  • (5:50) - Oversold Stocks
  • (9:40) - Avoid The Trade Concerns: Small Cap Stocks

On today’s episode of the Tech Talk Tuesday podcast, Ryan McQueeney discusses three tech investment ideas for those looking to remain active in the space amid ongoing volatility related to the possibility of a trade war between the U.S. and China.

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Heightened concern that the U.S. and China will initiate a full-blown, tit-for-tat trade war has dominated the attention of investors around the world in recent weeks. This has inspired fresh volatility, which has, in turn, taken the wind out of the sails of the previously red-hot technology sector.

Plenty of investors are simply choosing to sit on the sidelines while these trade tensions play out, but for those that want to stay active, Ryan mapped out three potential ideas that could prove effective in the coming weeks.

For one, the host thinks tech investors should remain confident in the sector’s strong earnings and revenue growth, which should once again become evident during the upcoming earnings season.

Meanwhile, he highlights companies like Micron (MU - Free Report) —which might be inappropriately discounted due to trade fears—and Paycom Software (PAYC - Free Report) —a Zacks Rank #1 (Strong Buy) with limited exposure to international trade.

Make sure to check out the show to hear more!

As a reminder, if you feel that we missed something, or if you want us to cover a different story, shoot us an email at podcast@zacks.com. Make sure to check out all of our other audio content at zacks.com/podcasts, and remember to subscribe and leave us a rating!

As always, thanks for listening to the Zacks Tech Talk Tuesday Podcast; we will see you next time!

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